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MON Protocol releases token economics: total supply of 1 billion, Pixelmon as the release partner

MON Protocol releases token economics: total supply of 1 billion, Pixelmon as the release partner

Bitget2024/02/13 09:06

According to official news, MON Protocol has released its token economics. It is reported that MON will be issued as an ERC-20 token, with a total of 1 billion tokens created in the Token Generation Event (TGE) and no further issuance afterwards. Pixelmon will become the release partner and Launchpad community for MON tokens. In addition, the distribution details of MON tokens are: 30% for community claims, 6% for community sales, 29% for ecological funds, 15% allocated to the team, 13% for strategic sales, 5% for liquidity and 2% will be distributed to release contributors. Approximately 36% of the tokens will be directly dedicated to the Pixelmon community through two distribution mechanisms; meanwhile about 29% of the tokens will indirectly serve both Pixelmon and MON protocol communities via ecosystem fund. Tokens created during TGE will unlock over a period of forty-eight months.

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